Largest pink diamond ever found in Russia to fetch up to $65m
The rare 14.83-carat “fancy vivid purple-pink” diamond was mined and polished by Alrosa.
Cecilia Jamasmie , Editor-in-Chief
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De Beers to let buyers reject up to 50% of small diamonds
The Anglo American unit has gone unusually far this year in offering flexibility to its customers — allowing them to defer agreed purchases and lower the number of diamonds they plan to buy.
Northern Star goes after Barrick Gold’s Super Pit
Rumours indicate that if Barrick doesn't find a suitable bidder, it would try to talk JV partner Newmont Goldcorp into a joint sale of the entire asset.
Mining billionaire Steinmetz faces trial in Geneva over alleged bribery in Guinea
Swiss prosecutors allege Steinmetz paid $10 million in 2005-2010 to obtain mining rights over the vast Simandou iron ore project.
Nautilus Minerals’ plans to mine the seafloor sink deeper
Creditors have voted in favour of liquidating the company.
EV sector will need 250% more copper by 2030 just for charging stations
Scottish consultancy Wood Mackenzie estimates that there will be more than 20 million EV charging points by then.
Sandvik CEO leaves company to lead Swiss ABB’s overhaul
The executive will take the helm in March after more than four years with Sandvik.
World’s No. 1 copper miner gets $300m from Canada
The loan by Export Development Canada will help Codelco finance an ambitious overhaul of its aging mines.
Armenia to announce decision on Lydian’s gold project next week
This is the third audit on Amulsar, which has been halted by protests for over a year.
Danakali secures financing for power plant at vast potash project in Eritrea
The Colluli potash mine has been deemed “a game changer” for Eritrea’s economy.
Lundin Mining to sell Eagle mine to Talon for $84M
Share-based deal gives Talon processing assets in the US and a new CEO, while Lundin sharpens its focus on larger copper operations.
